This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 7 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Consumer Trust A) The confidence that customers have in a brand or company based on its behavior and reputation. B) A marketing strategy to increase sales. C) A measure of customer satisfaction with a product. D) The amount of money a customer is willing to spend on a brand. Show Answer Correct Answer: A) The confidence that customers have in a brand or company based on its behavior and reputation. 2. What (Negative) Filipino Value System refers to the Filipinos' own unique brand of time? A) Excessive parting. B) Filipino Time. C) Penchant of Law breaking. D) Bahala Na. Show Answer Correct Answer: B) Filipino Time. 3. What is the significance of the social environment in CSR? A) The social environment influences corporate practices and stakeholder expectations. B) CSR is solely driven by financial performance, not social factors. C) The social environment has no impact on CSR practices. D) The social environment only affects small businesses, not corporations. Show Answer Correct Answer: A) The social environment influences corporate practices and stakeholder expectations. 4. How does an ethical business demonstrate respect to its customers? A) By listening to feedback and assessing needs. B) By maximizing profits at all costs. C) By ignoring customer complaints. D) By prioritizing shareholder interests over customer satisfaction. Show Answer Correct Answer: A) By listening to feedback and assessing needs. 5. In the context of ethics, what does "Purpose" signify? A) The pursuit of wealth. B) Controversial issues. C) Your reason for being. D) A set of strict rules. Show Answer Correct Answer: C) Your reason for being. 6. Weighing up decisions or actions on the basis of morality, not personal gain A) The environment. B) Ethics. C) Ethical considerations. D) Equality. Show Answer Correct Answer: B) Ethics. 7. What happens to employees left unmonitored? A) They become more productive and efficient. B) They sometimes slack in their performance and take credit for completing tasks that were left incomplete. C) They always meet their deadlines without supervision. D) They require more supervision to stay on task. Show Answer Correct Answer: B) They sometimes slack in their performance and take credit for completing tasks that were left incomplete. 8. The following factor that affects decision making may result in employees feeling demotivated or alienated? A) Social and Cultural. B) Government. C) Economic. D) Technological. Show Answer Correct Answer: D) Technological. 9. What do pressure groups provide to emphasize conflicts with the community? A) All of the above. B) Backing. C) A way of voicing opinions. D) Financial and legal expertise. Show Answer Correct Answer: A) All of the above. 10. How is Business Ethics defined? A) An applied ethics consisting of written and unwritten codes that govern decisions and actions within an organization. B) A set of legal regulations for commerce. C) A strategy focused on maximizing financial gains at all costs. D) The study of consumer behavior in the marketplace. Show Answer Correct Answer: A) An applied ethics consisting of written and unwritten codes that govern decisions and actions within an organization. 11. Which of the following is an example of an ethical issue? A) Choosing a new logo design. B) Paying employees fair wages. C) Ordering office supplies. D) Expanding to a new location. Show Answer Correct Answer: B) Paying employees fair wages. 12. Interest can also be referred as A) Riba. B) The extra sum of money. C) Both the options. D) None of the above. Show Answer Correct Answer: C) Both the options. 13. Which key difference distinguishes CSR from CSV? A) CSR focuses on profit only, CSV does not. B) CSR is about compliance, CSV integrates social value into core business. C) CSR is mandatory, CSV is voluntary. D) CSR is short-term, CSV is long-term. Show Answer Correct Answer: B) CSR is about compliance, CSV integrates social value into core business. 14. False Claims A) Statements made in advertising that are not true or misleading. B) Statements that are always true and verifiable. C) Claims that are exaggerated but not false. D) Statements that are true but misleading. Show Answer Correct Answer: A) Statements made in advertising that are not true or misleading. 15. Which organization is mentioned as a source of loans for businesses? A) The Federal Reserve. B) The Small Business Administration. C) The Department of Commerce. D) The Internal Revenue Service. Show Answer Correct Answer: B) The Small Business Administration. 16. How does an ethical business show respect to its community? A) By paying on time and utilizing fair buying prices. B) By being environmentally responsible showing concern and giving back as it sees fit. C) By listening to feedback and assessing needs. D) By valuing opinions and treating each employee as equal. Show Answer Correct Answer: B) By being environmentally responsible showing concern and giving back as it sees fit. 17. A principle of action adopted by the organization with regard to providing an alternative channel for employees to give feedback or report wrongdoing within an organization. A) Whistleblowing policy. B) Ethics helpline. C) All the above. D) None of the above. Show Answer Correct Answer: A) Whistleblowing policy. 18. How does CSR aim to impact society? A) CSR aims to create positive social change and improve community well-being. B) CSR aims to reduce employee benefits and wages. C) CSR is primarily concerned with government regulations. D) CSR focuses solely on increasing company profits. Show Answer Correct Answer: A) CSR aims to create positive social change and improve community well-being. 19. How is corporate social responsibility defined? A) A marketing tactic to improve brand image. B) A strategy focused solely on profit maximization. C) A method for increasing employee productivity. D) A business model that integrates social and environmental concerns in operations and stakeholder interactions. Show Answer Correct Answer: D) A business model that integrates social and environmental concerns in operations and stakeholder interactions. 20. What is the definition of "Morals" ? A) Principles of right or wrong, standards of behaviour. B) Afundamental truth or proposition. C) Being dishonest. D) Thinking your own opinion is always right. Show Answer Correct Answer: A) Principles of right or wrong, standards of behaviour. 21. What kind of belief system identifies a central deity, Allah, whose instructions guide behavior? A) Buddhism. B) Hinduism. C) Christianity. D) Islam. Show Answer Correct Answer: D) Islam. 22. In ..... , utility is the degree to which an act produces pleasure and happiness is the good that we seek and we should seek. A) Hedonism. B) Maximalism. C) All the above. D) None of the above. Show Answer Correct Answer: A) Hedonism. 23. Three dimensions of ethical business decision are the economic dimension, legal dimension and ..... A) Moral dimension. B) Society dimension. C) All the above. D) None of the above. Show Answer Correct Answer: A) Moral dimension. 24. What is Intrastate Commerce? A) Business conducted between local governments. B) Business conducted in only one state. C) Business conducted by the federal government. D) Business conducted across international borders. Show Answer Correct Answer: B) Business conducted in only one state. 25. Ethics in business refers to: A) The study of marketing and management techniques. B) Following moral principles and accepted standards of behavior. C) Earning as much profit as possible. D) Avoiding taxes and regulations. Show Answer Correct Answer: B) Following moral principles and accepted standards of behavior. ← PreviousNext →Related QuizzesClass 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 1Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 2Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 3Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 4Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 5Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 6Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 8Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 9Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 10Class 12 Entrepreneurship Chapter 5 Business Ethics And Corporate Social Responsibility Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books